Asking Price: $1,600,000 Gross Revenue: $1,567,000Cash Flow: Not DisclosedEBITDA: $173,700Inventory: $50,000 included in asking priceFF&E: $1,100,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
ITALIAN RESTAURANT & DELICATESSEN IN THE FAST-CASUAL / GOURMET MIXED CONCEPT. Miami Business Brokers is proud to present this outstanding business opportunity located in one of the most desirable neighborhoods in Miami. This unit was built as a model store for a new franchising project with high-end finishing and materials. Kitchen is fully equipped with brand new state-of-the-art Equipment. Over $1.6 million was invested just to be open to business, no expenses were spared. Sales for the first year were over $1.5 million and they keep growing steadily. Definitely, this booming concept is destined to be a complete success for the right entrepreneur. Besides, this investment might well qualify a foreign investor to obtain any immigrant visa (E2, EB5 or L1 Visas) for him and his family.
BE PART OF THE FASTEST GROWING FOOD CONCEPT WORLDWIDE!
TAKE OWNERSHIP NOW!
All interested parties must sign a non-disclosure (NDA) and have proof of funds before releasing the complete information package.
About the Business
Number of Employees:
Building Sq. Ft.:
Located in one of the most affluent area in Miami, the facility was completely built out with high-end finishing and materials: interior, walls, floors, ceilings, tables, and seating are all super trendy with an European appeal. Kitchen is fully equipped with brand new state-of-the-art equipment. Over 1.6 million dollars were invested in the build out of this facility less than two years ago, no expenses spared. This unit was built as model store for a new franchising project.
This concept restaurant has no competition in the area. If you are familiar with the restaurant business, fast casual restaurant concept has been one of the strongest segments in the restaurant industry over the past decade. Fast casual restaurants are among the fastest growing food service segments around the world. The most important demographic contributing to this growth is millennial, who appreciate fresh flavors, innovative concepts, and exceptional ingredients. Since its opening this restaurant continues to evolve to fit customer’s needs and preferences, that is the main reason of this extraordinary growth.
Growth & Expansion:
Business is located within a very strong market, affluent area surrounded by multi-story office buildings, hotels, high-end residential properties and a continuous flow of tourists. Great opportunity for a savvy entrepreneur to reduce employee/food cost, improve cash flow, and set up its own franchise with this innovative mixed concept. Take full advantage and make it your triumph.
Italian Restaurant & Delicatessen in an Up Scale Miami area
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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